Mohawk Industries downgraded to Underperform from Sector Perform at RBC Capital
Bearish setup: price above target with downgrade implies downside risk.
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Bearish setup: price above target with downgrade implies downside risk.
What happened, with direct paths to the underlying reporting
RBC Capital downgrades MHK to Underperform; target $112 vs price $126.05. Indicates bearish view despite price being above target.
Target: $112
Posted price: $126.05
Analyst firm: RBC Capital
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